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Today I saw a movie that had a profound effect on me. It's called The Lives of Others. Based in East Germany in 1984, the story revolves around a playwright's attempt to expose the truth about East German conditions to the West. [more]

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Following the terrible tragedy in Japan (we all wish them the best in rebuilding their shattered lives), it took less than 24 hours for one of the biggest dipsh*t witch doctors to make a complete a** of himself. [more]

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It's rare that I move past simple book recommendations to outright urging you to read something. This book is so good it requires urging. This the story of Iceland's economic boom and bust. The full text has been made available for free by the authors (Phillip Bagus and David Howden) and can be read here. [more]

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Is it or is it not inflationary? Well, that depends on how define cash and credit. Robert Blumen counters claims by Robert Prechter and The Pragmatic Capitalist that QE is not inflationary. I'm sure this isn't the last we will here about this. I look forward to the comments from CAPS members. [more]